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PPP Loan Data — Onpoint Medical Group, LLC, Highlands Ranch, CO

SBA PPP loan data, payroll data, and salaries for Onpoint Medical Group, LLC
CO

Onpoint Medical Group, LLC

Entity: Limited Liability Company (LLC)

Industry: Freestanding Ambulatory Surgical and Emergency Centers

Location: Highlands Ranch, CO

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Onpoint Medical Group, LLC is a limited liability company (LLC) located at 1805 Shea Center Dr in Highlands Ranch, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,149,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.15M

Jobs Retained:

241

Loan Approved:

2020-04-11

Lender:

BOKF, NATIONAL ASSOCIATION

Onpoint Medical Group, LLC in Highlands Ranch, CO received a Paycheck Protection Loan of $3.15M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Onpoint Medical Group, LLC's total 2019 payroll expenses were approximately $15.12M in order to qualify for the PPP loan amount received.

Based on their reported 241 jobs retained, this equals an estimated average yearly compensation of $62,727 per employee1.

Because the loan received by Onpoint Medical Group, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Onpoint Medical Group, LLC in Highlands Ranch, CO

Onpoint Medical Group, LLC
1805 Shea Center Dr
Highlands Ranch, CO 80129

Business Industry

Freestanding Ambulatory Surgical and Emergency Centers (NAICS code 621493)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CO-06

Industry PPP Comparison Statistics

Nationwide, 2,285 businesses in the "Freestanding Ambulatory Surgical and Emergency Centers" industry received a total of $518,205,080.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 19 employees, 92% lower than Onpoint Medical Group, LLC's reported 241 employees, and received an average PPP loan of $226,786, 93% lower than this company's loan of $3.15M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/onpoint-medical-group-llc-highlands-ranch-co